Oscar De La Hoya Helps Break Ground for 107-Unit Townhome Infill Project

By Anuradha Kher, Online News EditorSouth Gate, Calif.–Boxing superstar Oscar De La Hoya today joined city and community leaders to celebrate the start of construction of Tierra del Rey, a 107-townhome project targeted toward working families. Located on a former industrial site in South Gate, Calif., this is the first urban infill community development for…

By Anuradha Kher, Online News EditorSouth Gate, Calif.–Boxing superstar Oscar De La Hoya today joined city and community leaders to celebrate the start of construction of Tierra del Rey, a 107-townhome project targeted toward working families. Located on a former industrial site in South Gate, Calif., this is the first urban infill community development for De La Hoya’s real estate company, Golden Boy Partners,  and Metro Housing Partners.Metro Housing Partners, a new housing company formed by Golden Boy Partners, Trimark Partners and CarVal Investors (an affiliate of Cargill Inc.) to develop and construct urban housing in Southern California, is the developer of the five-acre Tierra del Rey community, expected to be completed mid- 2009.   Golden Boy Partners was formed in 2005 as a partnership between Golden Boy Enterprises and noted real estate investor John Long, CEO and founder of  El Segundo, Calif.-based Highridge Partners.